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ICAI tightens norms on tax audits accountants can accept

New Delhi, July 30 -- New Delhi: Accounting rule-maker Institute of Chartered Accountants of India (ICAI) said on Wednesday it has modified the norms on the maximum number of tax audits a chartered ac... Read More


AIIB in talks with India on sovereign infrastructure project pipeline

New Delhi, July 29 -- Beijing-based Asian Infrastructure Investment Bank (AIIB), in which India is the second largest shareholder after China, is holding discussions with the Central and state governm... Read More


Expanding women's workforce key to unlocking India's economic growth, says EAC-PM head Dev

New Delhi, July 27 -- The Indian economy could see a significant boost if more women are brought into the formal or informal sectors, according to S. Mahendra Dev, Chairman of the Economic Advisory Co... Read More


Global oversight needed for the tokenization of currency: Nirmala Sitharaman

New Delhi, July 27 -- Finance minister Nirmala Sitharaman on Saturday called for a redefinition of multilateral institutions to provide effective oversight as countries explore the tokenization of cur... Read More


Govt plans to open up the atomic energy sector like the space sector: P.K. Mishra

New Delhi, July 25 -- Measures similar to the successful opening up of the space sector are envisaged for the atomic energy sector as well, which is essential for clean energy and national security, s... Read More


Sitharaman asks officers to cut backlog, promptly resolve taxpayer grievances

New Delhi, July 25 -- Finance minister Nirmala Sitharaman on Thursday urged senior income tax officials to ensure that pending taxpayer appeals and grievances are disposed of and the litigation backlo... Read More


Buoyant global demand continues to support India's economic output, says S&P Global

New Delhi, July 24 -- Operating conditions across India's private sector continued to improve in July, with a sharp expansion in total sales, export orders and output levels, S&P Global said on Thursd... Read More


Formal jobs, self-employment rising: statistics ministry

New Delhi, July 23 -- Formal jobs and self-employment are on the rise in India while the youth unemployment is below the global average, the statistics ministry said on Wednesday. The ministry stated... Read More


'India Inc must make fresh investments instead of sitting on cash'

New Delhi, July 22 -- Indian companies need to make fresh investments instead of holding cash, since their profits have improved and have healthy balance sheets, chairman of the economic advisory coun... Read More


IT Act simplification to cut down litigation in a big way, to aid future reforms: Baijayant Panda

New Delhi, July 22 -- New Delhi: Simplification of the Income Tax Act for which a select committee of the Lok Sabha made over 330 recommendations will cut down tax litigation significantly and aid fut... Read More